Offered

Caulfield First semester 2008 (Day)
Caulfield First semester 2008 (Evening)
Caulfield Second semester 2008 (Day)
Caulfield Second semester 2008 (Evening)
Malaysia Second semester 2008 (Off-campus)

Synopsis

Time value of money, theory of valuation, capital budgeting, portfolio theory and the capital asset pricing model, dividend policy, capital structure and the efficient market hypothesis.

Objectives

The learning objectives of this unit are to:

• apply the concept of the time value of money and other project evaluation techniques;
• explain and apply portfolio theory and the capital asset pricing model;
• measure a firm's cost of capital;
• describe dividend policy and its relevance to the value of a firm;
• apply critical thinking, problem solving and presentation skills to individual and/or group activities dealing with financial management.

Assessment

Within semester assessment: 20%
Examination (3 hours): 80%

Contact hours

3 hours per week

Prerequisites

AFF1110

Prohibitions

AFC2140, AFW2631 and AFW3044